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Author: opsresearch One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 21992  
Subject: Re: Level 3 News Date: 4/11/2011 6:34 PM
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when will this pig monopolize the fiber backbone, and if they do will it even matter?

They won't and it wouldn't if they could. Yesteryear's talk of silicon economics misjudged/overlooked the staying power of the legacy phone companies. Decades of land line payment streams may be eroding, but not at a rate nor to a degree that removes the advantage of having all that truly free cash flow. Never overlook the best thinking that was done by Bell Labs. Its impact continues. Greatest investing losses this geezer ever experienced were Worldcom & Level 3. Long LVLT, but no notion of ever breaking even!
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